15) some economists criticize the Lorenz curve because it? A) does not account for the effect of age on family's income B) measures unreported income earned in the underground economy C) includes too many things in measuring income such as food stamps housing aid and other governments programs D) use after tax income when pre tax income is more appropriate 17) compared to the distribution of money income the distribution of wealth is A) a little more equal B) about the same C) much less equal D) much more equal 18) wealth is considered to be a A) nontaxable stream of funds B) stock C) flow D) resource 19) in the United States inheritance accounts for roughly _______ of income inequality A) 50 percent B) 10 percent C) 20 percent D) 30 percent 20) the age earning cycle predicts that a typical person will A) be earning the highest income at about the age 45-50 B) be earning the lowest income right before retirement C) be earning $50,000 in the year 2010 D) be earning the highest income before retirement 21) the egalitarian principle of income refers to? A) each person receiving tax breaks B) each person working the same number of hours C) each person receiving the same income D) each person being paid differently 22) if an employer pays employees according to the volume of business revenue they individually generate then the employer is applying the A) merit standard B) productivity standard C) all of above D) contributive standard 23) the poverty income threshold in the United States was originally calculated by A) multiplying a nutritionally adequate food plan for emergency use by 5 B) multiplying a nutritionally adequate food plan for emergency use by 3 C) multiplying a nutritionally adequate food plan for emergency use by 2 D) multiplying a nutritionally adequate food plan for emergency use by 4 24) which of the following income maintenance programs is designed to establish nationwide minimum incomes for the aged the blind and the disabled ? A) the Temporary Assistance to Needy families (TANF) program B) the food stamps program C) the old age survivors and disability insurance (OASD) program D) the supplement security income (SSI) program